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Lockheed Martin

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Lockheed Martin reviews

4.1

83% would recommend to a friend

(14,537 total reviews)
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James D. Taiclet

82% approve of CEO

73% positive business outlook

Lockheed Martin has an employee rating of 4.1 out of 5 stars, based on 14,537 company reviews on Glassdoor which indicates that most employees have an excellent working experience there. The Lockheed Martin employee rating is in line with the average (within 1 standard deviation) for employers within the Luft- & Raumfahrt, Verteidigung industry (3.6 stars).

Reviews by job title

15K reviews
3.0
Feb 3, 2009
Recommend
CEO approval
Business Outlook

Pros

The best reason to work at Lockheed Martin is that we have a direct impact on the success of armed forces. Our products are used in the global war on terror everyday and they often times are determines whether or not a soldier returns from battle unharmed. There is a great sense of pride in the products we make and the customers we serve and this can be seen from upper management down to the shop floor assembler. Another great reason to work at Lockheed Martin is that in most cases if you are willing to work hard, you can get noticed and rewarded for your efforts. Lockheed Martin is a great place to be for an engineer due to the state of the art products being designed and built as well as the network of 100,000 engineers at LM.

Cons

The main downside to working at Lockheed Martin is the compensation. Despite holding 3 masters degrees and working 70-80 hours per week for the past 2 years, I will still just get a 4 to 5 percent raise this spring. Most people at Lockheed Martin are clock punchers and really have no aspirations to advance their careers. Despite this fact, I continue to work very hard only to be rewarded with an additional 1% or 2% in yearly merit raises. Another downside to Lockheed Martin is that management is slow to promote young people even if they are qualified and work harder than their older counterparts. The culture at Lockheed Martin suggests that you have to have been here forever to know what you are talking about and thus get ahead.

2.0
Nov 19, 2008
Recommend
CEO approval
Business Outlook

Pros

It is fulfilling to contribute to the defense of the United States. You may have access to technologies and projects that just don't exist in the private sector. Usually there is a good emphasis on work life balance. It is a huge company that has a lot of interesting projects. Lockheed makes missiles, satellites, ships, and the best military jets in the world. The benefits are above average. In general the people you work with are very patriotic and nice. There is a sense of pride in working for Lockheed Martin and you generally won't be ashamed you work for them.

Cons

You will see firsthand how much waste, inefficiency, and fanboy jingoism exists in the defense industry In the non-defense sector Lockheed would be eaten for lunch. Too bloated, too full of itself.

4.0
Nov 3, 2008
Recommend
CEO approval
Business Outlook

Pros

The best reason to work at Lockheed Martin is because it's the best place to work for your first and last job. Lockheed Martin believes in having a well trained workforce and you will get a lot of great training and be exposed to a lot of different aspects within your career field. There are a lot of very experienced engineers who will impart their knowledge on you so they can have a lighter work load and feel confident that the company will have good employees to keep their stock value up once they retire. If you plan to stick with LMCO make sure you negotiate as much salary as you can. Many people take the job at lockheed and then quit to go work at a smaller company for more pay. It's hard to turn away work that pays sometimes 20% more! At Lockheed you can get a lot of exposure to some really cool programs that you'd never get working somewhere else (well maybe Boeing...)

Cons

The performance review process isn't the best. Only a small 4% of the workforce will receive an exceptional or high rating and the rest fall in "Successful" or "basic" which means even if you are a stellar engineer unless you do something great to really set yourself apart from the rest of the workforce your likely hood of getting a high score is slim to none. Get the best salary you can coming in the door because promotions and raises are small and few and far between. Lockheed isn't the place to come if you wanna climb to the top quickly.

Viewing 319 - 321 of 14,537 Reviews

Glassdoor has 16,673 Lockheed Martin reviews submitted anonymously by Lockheed Martin employees. Read employee reviews and ratings on Glassdoor to decide if Lockheed Martin is right for you.